MM
Marlon Mieres
Answers (3)
MM
Answered
As production increases, variable costs per unit
A) stay the same
B) increase
C) decrease
D) either increase or decrease, depending on the fixed costs
A) stay the same
B) increase
C) decrease
D) either increase or decrease, depending on the fixed costs
On May 30, 2024
A
MM
Answered
Explain the difference between goal-sharing and gain-sharing plans.
On May 30, 2024
The core of goal sharing is that work groups or teams receive a bonus when certain prespecified performance goals are met,while under gain sharing,cost savings are quantified and then shared between the company and the group.Under goal sharing,goals on one or more performance indicators are set for each group or team,goals are to be met within a specified timeframe,and a bonus is paid to all team members if the goal is achieved.Under gain sharing,there are no set goals other than to simply improve as much as possible relative to the historical baseline.Employee involvement is considered to be a fundamental aspect of most gain-sharing plans.Goal-sharing plans can be much more arbitrary,with management making most of the decisions.
MM
Answered
When constructing a worksheet accounts are often needed that are not listed in the trial balance already entered on the worksheet from the ledger. Where should these additional accounts be shown on the worksheet?
A) They should be inserted in alphabetical order into the trial balance accounts already given.
B) They should be inserted in chart of account order into the trial balance already given.
C) They should be inserted on the lines immediately below the trial balance totals.
D) They should not be inserted on the trial balance until the next accounting period.
A) They should be inserted in alphabetical order into the trial balance accounts already given.
B) They should be inserted in chart of account order into the trial balance already given.
C) They should be inserted on the lines immediately below the trial balance totals.
D) They should not be inserted on the trial balance until the next accounting period.
On May 26, 2024
C